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DiNapoli: As NYC Budget Stabilizes, New Risks Emerge
… Grants. Since budget adoption, the city has updated its FY 2025 projections to include $1.4 billion in higher … items creates risks to the city’s financial plan. In FY 2025, the city added $3.7 billion to address fiscal needs … $600 million in services which are currently not funded at FY 2025 levels in the coming years, including special …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-nyc-budget-stabilizes-new-risks-emergeDiNapoli Warns Changing Fiscal Landscape Could Increase Budget Challenges for Local Governments
… budget and maintaining proper accounting records. Report Boom or Bust? Federal Relief Aid and Local Government …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-warns-changing-fiscal-landscape-could-increase-budget-challenges-local-governmentsOpinion 89-8
… to establishment by school district in Adirondack Park) SCHOOL DISTRICTS -- Repair Reserve Fund (necessity for … to establishment by a school district in Adirondack Park) STATE COMPTROLLER -- Approval by (for establishment of repair reserve fund by school district in Adirondack Park) GENERAL MUNICIPAL LAW, §6-d; Education Law, §3651: A …
https://www.osc.ny.gov/legal-opinions/opinion-89-8New York's 529 College Savings Program Delivers $287 Million to College Students Since January
… New York’s 529 College Saving Program has helped New York students and families pay for more than $287 million in college-related expenses this … Thomas P. DiNapoli said today in recognition of 529 College Savings Day to be celebrated on Sunday, May 29. … New Yorks 529 College Saving Program has helped New York students and …
https://www.osc.ny.gov/press/releases/2016/05/new-yorks-529-college-savings-program-delivers-287-million-college-students-januaryDiNapoli: MTA Faces Growing Risks to Its Capital Funding
… the shortfall in capital funds by using its operating budget to pay for more borrowing, less money would be … create pressure to increase debt and impact the operating budget. Without additional money from better-than-anticipated … in long-term debt paid from the operating budget in 2023, a 14% increase. The MTA’s total outstanding debt is …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-mta-faces-growing-risks-its-capital-fundingSubway Recovery Tracker
… Jackson Heights/ 74th Street and Flushing-Main Street in Queens ranking among or near the top five hubs citywide for …
https://www.osc.ny.gov/osdc/subway-recovery-trackerDiNapoli: Many NYC Senior Citizens Remaining Too Long on DFTA Wait Lists for Services
… Too many seniors are waiting months on the New York City Department … to strengthen its oversight of service providers to ensure seniors are getting the support they depend on in a timely … placed on wait lists. DFTA reported that more than 39,000 seniors received case management services in the city’s …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-many-nyc-senior-citizens-remaining-too-long-dfta-wait-lists-servicesState Agencies Bulletin No. 2092
… 6 members of the New York City Employee Retirement System (NYCERS), New York City Teachers Retirement System (NYCTRS) … year is $19,729.00. Affected Employees Tier 6 members of NYCERS, NYCTRS, and NYCBERS are affected. Background OT limit … 6 members of the New York City Employee Retirement System NYCERS New York City Teity Board of Education Retirement …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2092-2023-tier-6-overtime-limit-new-york-city-retirement-systemsDiNapoli: Probation Departments Failing to Get Restitution Payments to Victims
… More than half of probationers were behind on their restitution payments and … some funds languishing for years, according to a review of more than 340 cases at 13 county probation departments … Comptroller Thomas P. DiNapoli. “Restitution is a key part of the legal process that allows crime victims to recoup …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-probation-departments-failing-get-restitution-payments-victimsCUNY Bulletin No. CU-728
… for employees in the Assistant to Higher Education Officer (Assistant to HEO) and EOC Assistant to Higher Education Officer (EOC Assistant to HEO) titles, and to provide … for employees in the Assistant to Higher Education Officer Assistant to HEO and EOC Assistant to Higher …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-728-february-2022-professional-staff-congress-psc-1000-generalDiNapoli: NYC Forecasts $965 Million Surplus Fueled by Federal Aid
… New York City forecasts a surplus of $965 million in the fiscal year ending in June 2022 (FY 2022), based largely on the receipt of $750 million in unrestricted federal aid, and projects … the city, thanks to strong market returns and the influx of federal funds,” DiNapoli said. “The city should capitalize …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-nyc-forecasts-965-million-surplus-fueled-federal-aidState Agencies Bulletin No. 2122
… Purpose The purpose of this bulletin is to inform agencies of the automatic system termination of employees who have not received a paycheck since … The purpose of this bulletin is to inform agencies of the automatic system termination of employees who have not …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2122-automatic-system-termination-employees-not-paid-more-one-yearDiNapoli: System Glitch Left Too Many NYC Heat & Hot Water Complaints Ignored
… to a supposed original complaint. As a result, more than 800 complaints affecting 24 buildings were not investigated …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-system-glitch-left-too-many-nyc-heat-hot-water-complaints-ignoredDiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… 2021-22 totaled $121.1 billion — $3.3 billion higher than forecast by the Division of the Budget (DOB) in the Amended Executive Budget financial plan released in February, and more than $30 billion higher than DOB’s initial forecasts … SFY 202122 totaled $1211 billion $33 billion higher than forecast by the Division of the Budget DOB in the Amended …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projectionsDiNapoli Releases December State Cash Report
… P. DiNapoli. New York state also received $235 million in new monetary settlements during December. "Overall tax collections in December were close to reduced estimates from the mid-year … bonuses will influence whether current estimates are met in the final quarter of the fiscal year.” Through December, …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-releases-december-state-cash-reportOvertime at State Agencies Reached All-Time High in 2020
… York State Comptroller Thomas P. DiNapoli. Total overtime hours of 19 million increased 3.9 percent and total overtime … Three agencies performed most of the overtime in 2020: The Office for People With Developmental Disabilities (OPWDD), … and Community Supervision (Corrections) and the Office of Mental Health (Mental Health) made up 25 percent of …
https://www.osc.ny.gov/press/releases/2021/05/overtime-state-agencies-reached-all-time-high-2020NYS Common Retirement Fund Reports Third Quarter Results
… The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. The Fund's fiscal year ends …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsXVII.2.D Federal M-Year Reminder – XVII. Lapsing Appropriations
… legislation (§1405(a) of Public Law 101-510 amended 31 USC §§1551-1557) which requires all Federal agencies to close … enacted legislation 1405a of Public Law 101510 amended 31 USC 15511557 which requires all Federal agencies to close …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2d-federal-m-year-reminderNYS Common Retirement Fund Reports Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year (SFY) 2020-21 was 6.24 percent for … The New York State Common Retirement Funds Fund estimated return in the second quarter of the State Fiscal Year SFY 202021 was …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsDiNapoli: Silencing Excessive NYC Noise a Major Challenge
… 2010 and 2015, yet few complaints are ever found to be in violation of the city's Noise Code, according to a report , Noise in New York City Neighborhoods , released today by State … and examines the efforts to address them. "Noise in New York City is a significant quality of life and public …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-silencing-excessive-nyc-noise-major-challenge